{"id":96645,"date":"2026-04-30T11:06:13","date_gmt":"2026-04-30T08:06:13","guid":{"rendered":"https:\/\/u1f987.com\/en\/?p=96645"},"modified":"2026-04-30T11:10:14","modified_gmt":"2026-04-30T08:10:14","slug":"arbitrum-council-member-calls-for-usdc-boycott","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/arbitrum-council-member-calls-for-usdc-boycott\/","title":{"rendered":"Arbitrum Council Member Calls for USDC Boycott"},"content":{"rendered":"<p>Griff Green, a member of the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-arbitrum\">Arbitrum<\/a> Security Council, has accused Circle of failing to block hackers&#8217; funds, unlike its competitor <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-tether-usdt\">Tether<\/a>. He argues that the leadership of <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a> prioritizes profit over security.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Arbitrum Security Council Member: Circle Is Clearly Not Full of Good Men<\/p>\n<p>Arbitrum Security Council member Griff Green <a href=\"https:\/\/twitter.com\/griffgreen?ref_src=twsrc%5Etfw\">@griffgreen<\/a> states that Tether actively freezes hacker funds, while Circle does nothing. He believes Tether consists of traditional crypto natives who value\u2026 <a href=\"https:\/\/t.co\/H74or5U0Lk\">pic.twitter.com\/H74or5U0Lk<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/2049564375619371313?ref_src=twsrc%5Etfw\">April 29, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Green noted that Tether actively freezes assets linked to North Korean hackers and has already recovered over $70 million. He attributed this to the company&#8217;s roots, stating it was founded by &#8220;crypto-oriented&#8221; individuals who share the industry&#8217;s values.<\/p>\n<p>He described Circle as an entity akin to Goldman Sachs, suggesting that the company is solely interested in financial metrics and ignores thefts unless countering them yields obvious benefits.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;If you have the ability to solve a problem, you are responsible for it. Circle does nothing, while Tether blocks North Korean accounts left and right,&#8221; he stated.<\/em><\/p>\n<\/blockquote>\n<p>As a form of pressure, Green urged users to sell USDC. He believes only market signals can compel the company to seriously combat hackers who &#8220;destroy investors&#8217; portfolios and the entire world.&#8221;<\/p>\n<p>In April, investors of Drift Protocol <a href=\"https:\/\/u1f987.com\/en\/news\/drift-protocol-investors-file-class-action-lawsuit-against-circle\">filed<\/a> a class-action lawsuit against Circle. The plaintiffs accused the company of aiding hackers and negligence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Griff Green of Arbitrum accused Circle of not blocking hackers&#8217; funds, unlike Tether. He argues USDC leadership prioritizes profit over security.<\/p>\n","protected":false},"author":1,"featured_media":96646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Griff Green of Arbitrum accused Circle of not blocking hackers' funds, unlike Tether.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1335,1220,1138,1245,910],"class_list":["post-96645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arbitrum-arb","tag-circle","tag-opinions","tag-tether-usdt","tag-usdc"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"Griff Green of Arbitrum accused Circle of not blocking hackers' funds, unlike Tether.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/96645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=96645"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/96645\/revisions"}],"predecessor-version":[{"id":96647,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/96645\/revisions\/96647"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/96646"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=96645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=96645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=96645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}